BUDGET 2008

Salam

Budget is here again, time passed by like the bullet train.

Interesting facts:

1~ finally our children can go to school for free

2~finally our children can get their text book for free ( but not the activity books)

3~corporate rate reduced again ( 27% to 26%), but what about individuals' rate?

4~second Account of the EPF can be withdrawn every year to pay monthly installment of
the housing loan ( however should learn more of the terms)

5~no stamp duty charged for properties transferred from husband to wife and vice
versa (so ladies, be nice to your hubbies and watch out if your husbands are treating you extra nice)

6~no changes to import duties for cigarettes (good news to ladies with smoking husbands,no
allowance cut, because if the price increased, they won't reduce their puffings but reduce
your allowance)